Multiple Choice
If the actual quantity of direct materials used equals the budgeted quantity of direct materials that should have been used,any difference between the budgeted total cost and the actual total cost of direct materials used must be due to a:
A) Materials quantity variance
B) Materials efficiency variance
C) Overhead variance
D) Materials price variance
Correct Answer:

Verified
Correct Answer:
Verified
Q32: The biggest problem with allocating indirect expenses
Q33: Hot Chilli produces a range of
Q34: Broadway Store is considering closing down one
Q35: The fixed budget performance report of Discount
Q36: How many of the following could not
Q38: The Corporation has three departments,Widgets,Ridgets and
Q39: A flexible is a budget where:<br>A)The budget
Q40: The true statement is:<br>A)The limitation of actual
Q42: The item,department or job for which costs
Q64: The performance standard usually considered best in